Russian exports

Russia set to lose trillions of rubles as oil prices collapse, threatening federal budget

Russian oil exports have reached a record level as the loss of up to a third of the country's refining capacity forces Russian companies to export more crude. At the same time, revenue from those sales is falling along with the price of Russian oil, The Moscow Times reported on July 7.

8 July, 03:04 PM

Russia prepares diesel export ban after Ukrainian drones knock out quarter of its refinery capacity

Russia's government is moving to expand its ban on petroleum product exports following a series of Ukrainian drone strikes on oil refineries that halted nearly all refining operations in central Russia, wiping out roughly 25% of the country's fuel production capacity, The Moscow Times reported on May 26.

27 May, 12:02 PM

Zelenskyy: intel shows Russian exports declining

Ukrainian intelligence concluded that Russian economic indicators continue to decline, with a notable drop in export volumes, President Volodymyr Zelenskyy said on April 27.

27 April, 07:57 PM

China cuts down on Russia’s raw-material supplies

In 2025, for the first time since the Russia-Ukraine full-scale war outbreak, trade between Russia and China began to decline — despite having served as a “lifeline” for the Russian economy under sanctions, The Moscow Times wrote on Jan. 8.

9 January, 01:02 PM

EU moves to impose tariffs on Russian, Belarusian agricultural imports

The European Commission has proposed imposing tariffs on a range of agricultural products from Russia and Belarus, as well as on certain nitrogen-based fertilizers, the Commission announced on Jan. 28.

29 January 2025, 02:11 PM

China, India, and Türkiye top Russia’s trade partners in 2024, imports fall

China, India, Türkiye, Belarus, and Kazakhstan remained Russia's top five trading partners in 2024, according to Russian Deputy Minister of Economic Development Vladimir Illichyov. The ranking remains unchanged from 2023, Illichyov told Interfax.

24 January 2025, 04:23 PM

Russian exports